Okay, daily is not over, but I doubt, that we will see more than a daily bearish shooting star.
Here is my bloody vote:
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #138,201
- Nov 18, 2008 11:21am Nov 18, 2008 11:21am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
- #138,202
- Nov 18, 2008 11:25am Nov 18, 2008 11:25am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #138,204
- Nov 18, 2008 11:26am Nov 18, 2008 11:26am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
pretty.
crow pattern on tnx.
There will be intervention at dow 8000 again, but they are not able to burn money until end of time.
I watch TV.
- #138,205
- Nov 18, 2008 11:27am Nov 18, 2008 11:27am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Having some trouble piercing 144 and staying down...
Bring it down pk!
might retest the high again later.
will have to see what happens if we get there (how high it goes.)
- #138,206
- Nov 18, 2008 11:28am Nov 18, 2008 11:28am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
most importend is the trendline break on daily tnx, and weekly 3 bearish
crow pattern on tnx.
There will be intervention at dow 8000 again, but they are not able to burn money until end of time.
I watch TV.
- #138,207
- Nov 18, 2008 11:28am Nov 18, 2008 11:28am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
lol @ bulls
malcolmb, still waiting for 150?
I took my profit from 141 off the table today for +500 .... good enough for a non swing trader
shorted the dj at 8400 this morning .... did not play gj as YM was easier. ..
I am not 100% sure the down move is done yet
this has barely touched the 50% retracement of 146.5 to 140.5 move...
when it breaks the 61.8% of this move (142.50) then I beleive we will go down for the swing trade to sub 139
other than that trade the range
Blogging daily now at www.volume.zone
- #138,208
- Nov 18, 2008 11:29am Nov 18, 2008 11:29am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #138,210
- Nov 18, 2008 11:36am Nov 18, 2008 11:36am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
Are you playing the bounces, short-wise that is?
trying to. I would go short without hesitation if price retraced say 500pips on cable but since its not big retracements there is always voice in the back of my mind doubting that this retracement is over therefore i would only enter if upward momentum is broken.
Like today i went short at 1.4953 with almost 60 pip stop loss (due to zig zag action all day ptherwise it would be smaller) i did that because the price taken out todays low. now again i would've done that everytime it took out the low of the day but today was ranging all day so once it broke the low and given that we are in superdown trend i jumped right on it
now i expect 1.47 with tp set at 1.4750
- #138,211
- Nov 18, 2008 11:36am Nov 18, 2008 11:36am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #138,212
- Nov 18, 2008 11:39am Nov 18, 2008 11:39am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #138,214
- Nov 18, 2008 11:40am Nov 18, 2008 11:40am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #138,216
- Nov 18, 2008 11:41am Nov 18, 2008 11:41am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
yup me still waiting for confirmation....and then if so 144.70 looks nice for TP
- #138,217
- Nov 18, 2008 11:41am Nov 18, 2008 11:41am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
yup me still waiting for confirmation....and then if so 144.70 looks nice for TP
Trade what you see, not what you think.
- #138,220
- Nov 18, 2008 11:44am Nov 18, 2008 11:44am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
loool i'm a scalper...if I get confirmation on my 5m chart then a small long it is....but i'm bearish long term ofcourse
Trade what you see, not what you think.